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A company must choose between two projects that give them the highest equivalent uniform annual worth (EUAW). Project Billy costs $215,000 and will increase the
A company must choose between two projects that give them the highest equivalent uniform annual worth (EUAW). Project Billy costs $215,000 and will increase the annual profit by $105,000. It will have a life of 6 years and will not be replaced. Project Bob costs $110,000 but will only increase annual profit by $55,000 and lasts 11 years without replacement The analysis period is 11 years and interest rate is 9.39. State below the EUAW of each project. Give answers below to closest dollar.
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